dumb money getting nervous about the bull run... that's great... more cash on the sidelines. oh and the guy is long on gold? that's even dumber than dumb.
If I were to bet my own monies, I would avoid this guy! It is sheer arrogance to believe they know what is going to happen tomorrow. Looking at the stockcharts. My monies are on the stockmarket going even higher! When will the bull market end? Who knows and who cares? Our job as traders is to trade with the trend and make monies and put it in our pockets! When the bull market ends, that is the time to go the opposite way and short it! Why fix something that is not broken?
Who is Doug Kass? OK, I googled and found this: https://www.barrons.com/articles/how-doug-kass-is-preparing-for-the-bubble-to-burst-1398494704 http://heartlandpreciousmetals.com/doug-kass-explains-aggressively-buying-gold/ So he has been bearish since 2014? Stupid me, I didn't know any better, betting long since 2013. Better get out fast.